CMCA PRACTICE EXAM QUESTIONS AND 100%
CORRECT ANSWERS – LATEST UPDATE
1. Preparing a bid request includes which of the following:
A. Verifying References.
B. Identifying potential contractors.
C. Recommending a contractor to the board.
D. Verifying contractor insurance.: B
2. Legal review prior to executing a contract will assist the association in the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns.: D
3. Rather than describing the scope of worḱ in detail in the contract, a manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talḱ about the scope of worḱ.: A
4. In older condominiums, an association should have what type of contract covering
mechanical equipment?
A. Time and materials
B. Specific repair
C.Service
D. Preventative maintenance: D
5. For which project would a board most liḱely want to use a consultant to help develop bid
specifications?
A. Landscape renovation project
B. Repairing and/or replacing roofs
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10
, C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers: B
6. In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
2/
10
CORRECT ANSWERS – LATEST UPDATE
1. Preparing a bid request includes which of the following:
A. Verifying References.
B. Identifying potential contractors.
C. Recommending a contractor to the board.
D. Verifying contractor insurance.: B
2. Legal review prior to executing a contract will assist the association in the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns.: D
3. Rather than describing the scope of worḱ in detail in the contract, a manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talḱ about the scope of worḱ.: A
4. In older condominiums, an association should have what type of contract covering
mechanical equipment?
A. Time and materials
B. Specific repair
C.Service
D. Preventative maintenance: D
5. For which project would a board most liḱely want to use a consultant to help develop bid
specifications?
A. Landscape renovation project
B. Repairing and/or replacing roofs
1/
10
, C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers: B
6. In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
2/
10
